Vincent Theurer pays $9M to Richard A. Kaplin for property in Sunset Park

Vincent Theurer through the entity VM Realty 8, LLC paid Richard A. Kaplin’s 417-441 40th St. LLC $9.0 million for 417 40th Street in Sunset Park. The deal closed on June 11, 2020, and was recorded on June 29, 2020. The transaction consists of 1 parcel, including the tax class multifamily, over six families without stores (C1) and containing 49 residential units. The property is 42,684 square feet.
The sale price per unit is $183,673.

The contract date was February 27, 2020. Vincent Theurer, the president of Approved Oil, was signatory for the buyer.

Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link